Blog Updates

Tuesday, May 30, 2017

How to Calculate Income Tax on Salary?

Mitali Sharma

Most of us get a hike in our annual salary as a financial year rolls on. That's definitely a good improvement to rejoice but increase in income also increases our tax liability. However, for the FY 2017-2018, there is some tax relaxation as the liability of 10% for an income of 0 to 2,50,000 has been reduced to 5%.